2022
Flag  
GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH
37%CURRENT US$
Rnk 89 / 186
2022
Flag
 GDP
$27.7BCURRENT US$
Rnk 108 / 186
2012-2022
Flag
GDP GROWTH
56.8%CURRENT US$
Rnk 44 / 186
2022
Flag
GDP PC 
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 58 / 186
2022
Flag
GDP PC
$1,599CURRENT US$
Rnk 154 / 186
2012-2022
Flag
GDP PC GROWTH
19.8%CURRENT US$
Rnk 90 / 186

About

Hong Kong-Senegal Trade: In 2022, Hong Kong exported $23M to Senegal. The main products that Hong Kong exported to Senegal were Broadcasting Equipment ($10.4M), Video Displays ($7.21M), and Medical Instruments ($795k). Over the past 5 years the exports of Hong Kong to Senegal have decreased at an annualized rate of 32.8%, from $168M in 2017 to $23M in 2022.

In 2022, Hong Kong did not export any services to Senegal.

Senegal-Hong Kong Trade: In 2022, Senegal exported $4.71M to Hong Kong. The main products that Senegal exported to Hong Kong were Fish: dried, salted, smoked or in brine ($1.22M), Live Fish ($1.04M), and Molluscs ($686k). Over the past 5 years the exports of Senegal to Hong Kong have decreased at an annualized rate of 12.1%,  from $8.96M in 2017 to $4.71M in 2022.

In 2022, Senegal did not export any services to Hong Kong.

Comparison: In 2022,  Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B). That same year, Senegal ranked 85 in the Economic Complexity Index (ECI -0.5), and 120 in total exports ($6.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Hong Kong exported $23M to Senegal. The main products exported from Hong Kong to Senegal were Broadcasting Equipment ($10.4M), Video Displays ($7.21M), and Medical Instruments ($795k). During the last 5 years the exports of Hong Kong to Senegal have decreased at an annualized rate of 32.8%, from $168M in 2017 to $23M in 2022.

In 2017, Senegal exported $4.71M to Hong Kong. The main products exported from Senegal to Hong Kong were Fish: dried, salted, smoked or in brine ($1.22M), Live Fish ($1.04M), and Molluscs ($686k). During the last 5 years the exports of Senegal to Hong Kong have decreased at an annualized rate of 12.1%, from $8.96M in 2022 to $4.71M in 2017.

Exports from Hong Kong (Flag) to Senegal (Flag) (2022)

Exports from Senegal (Flag) to Hong Kong (Flag) (2022)

Latest Data

Trade between Hong Kong (Flag) and Senegal (Flag)

Hong Kong Exports

Senegal Exports

Market Competitiveness

Color
Hong Kong
Top Destination
China$23.4B
Senegal
Top Destination
Mali$1.13B

This map shows whether countries import more from Hong Kong or Senegal. Each country is colored based on the difference in imports they receive from Hong Kong and Senegal or the difference in the growth in imports.

In 2022, countries that imported more from Hong Kong than Senegal included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

In 2022, countries that imported more from Senegal than Hong Kong included Mali ($1.13B), Gambia ($177M), and Cote d'Ivoire ($182M).

Difference in imports from Senegal (Flag) and Hong Kong (Flag) (2022)

Comparative Advantage Hong Kong - Senegal

Flow
Scale

This chart compares trade between Hong Kong and Senegal by product, considering products traded by both, Hong Kong and Senegal.

During 2022, Hong Kong had a large net trade with Senegal in the exports of Machines ($19.8M), Instruments ($1.94M), and Transportation ($563k).

During 2017, Senegal had a large net trade with Hong Kong in the exports of Animal Products ($2.95M), Vegetable Products ($501k), and Foodstuffs ($428k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Hong Kong Senegal+$745kTelephones
Top Product Potential Senegal Hong Kong+$1.68MMolluscs

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Hong Kong and Senegal. This means that a dot/product with the flag of Hong Kong indicates it has a comparative advantage over Senegal. Similarly, a dot/product with the flag of Senegal indicates it has a comparative advantage over Hong Kong.

Product Space of Hong Kong (Flag) and Senegal (Flag) (2022)

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